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The Reserve Bank of India (RBI) has a digital currency under trial, but it may be time for RBI-regulated rupee-pegged ...
The USD/INR ticks down to near 85.95 but is broadly sideways, while investors await the confirmation of a trade deal between the United States and India. US President Donald Trump has reiterated ...
At its core, a stablecoin is simple: a digital token pegged to a real-world currency like the US dollar or rupee. But its ...
India will release a 100 Rupee coin to celebrate M. S. Swaminathan's 100th birthday. The coin will be made of silver, copper, ...
India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...
The one-rupee coin is minted by the Indian Government Mint (IGM) at Mumbai and Hyderabad. The RBI in its currency presses manufacture from Rs 2 to Rs 2,000.
The one-rupee coin, which costs ₹1.11 to mint, exceeds its face value, ... Coin production by the Indian Government Mint shows a decline from 903 million in 2017 to 630 million in 2018.
The Reserve Bank of India's increased tolerance for rupee volatility is prompting companies to more actively manage forex risks, enhancing the economy's resilience to global shocks.
Post-Independence, a new coinage system for the nation was required. While the coins were issued in 1950, in 1949 engraver Patrick Brindley designed a set of 8 coins ranging from 2 annas to 1 rupee.
The Indian rupee inched up on Tuesday, tracking regional peers and the dollar index's decline to a three-year low amid ...